WASHINGTON, July 29- The U.S. Defense Department on Wednesday awarded a team led by Leidos Holdings Inc a contract valued at up to $4.34 billion to build a new electronic health record system for 9.6 million current and retired military service members. The Pentagon's chief arms buyer, Frank Kendall, said the contract was worth under $9 billion over the next 18...

BRASILIA, July 29- Sweden has agreed to reduce the cost of financing a $5.4 billion sale of 36 Gripen fighter jets to the Brazilian Air Force, Brazil's Defense Minister Jaques Wagner said on Wednesday. The first Gripens should be delivered to Brazil in 2019. Saab plans to set up a Brazilian assembly line producing the fighter jets through 2024 in partnership with...

BRASILIA, July 29- Brazil has reached agreement with the Swedish government to reduce the cost of financing a $5.4 billion sale of 36 Gripen fighter jets to the Brazilian Air Force, a Brazilian Defense Ministry spokeswoman said on Wednesday. The first Gripens should be delivered to Brazil in 2019. Saab plans to set up a Brazilian assembly line producing the...

SAO PAULO, July 29- Brazilian federal police are investigating potential irregularities in a military program that aims to build a nuclear-powered submarine in partnership with France by 2023, newspaper Folha de S. Paulo reported on Wednesday. Former President Luiz Inacio da Silva's government agreed in 2008 to purchase five submarines, including a...

NEW YORK— A U.S. judge indicated Tuesday that he was unlikely to boost a $654 million jury award to victims of terror attacks in Israel over a decade ago to more than $1 billion by tacking on interest against the Palestine Liberation Organization and the Palestinian Authority. On Monday, an official with the U.S. Department of Justice in Washington wrote to...

HARTFORD, Conn.— The Justice Department has launched a criminal probe into allegations that subsidiary helicopter maker Sikorsky and two subsidiaries overbilled the Navy, United Technologies Corp. said Friday. The government filed a complaint last October in federal court that Sikorsky and subsidiaries, Derco Aerospace and Sikorsky Support Services...

July 24- The U.S. Department of Justice has informed Sikorsky Aircraft that it has started a criminal investigation into allegations the helicopter maker overbilled the U.S. Navy for a contract, Sikorsky's parent company, United Technologies Corp, said on Friday. The Justice Department told Sikorsky of the probe on July 13, and requested that Sikorsky and two...

July 24- The U.S. Department of Justice told Sikorsky Aircraft that it had started a criminal investigation, alleging that the helicopter maker had overbilled the U.S. Navy for a contract. The DOJ informed Sikorsky of the probe on July 13 and said it is seeking about $148 million in claims, Sikorsky's parent United Technologies Corp said in a filing on Friday.

ROCHESTER, N.Y.— The Department of Defense has picked Rochester as the location for a sought-after manufacturing hub focused on the field of integrated photonics, U.S. The New York Democrat called the project a "game-changer" for Rochester. He compared it to the founding of photography pioneer Kodak in the western New York city more than 100 years ago.

July 22- Boeing Co reported a better-than-expected quarterly profit, helped by booming demand for commercial aircraft. The results include a $536 million charge to account for problems with the fuel system on the KC-46A aerial refueling tanker it is developing for the U.S. Air Force. Boeing has said the program remains on track for delivering the initial 18...

NEW YORK— Aerospace giant Boeing Co. saw its earnings plunge by a third in the second quarter because of repeated delays with a military fuel tanker. The Chicago- based company on Wednesday posted a $1.11 billion net profit, down from $1.65 billion during the same period last year. The bulk of that drop is attributed to a $536 million after-tax charge Boeing took on...

SAN FRANCISCO, July 21- A pair of veteran cybersecurity researchers have shown they can use the Internet to turn off a car's engine as it drives, sharply escalating the stakes in the debate about the safety of increasingly connected cars and trucks. Former National Security Agency hacker Charlie Miller, now at Twitter, and IOActive researcher Chris Valasek used...

WASHINGTON— Sixty national security leaders, ambassadors, military leaders and former Cabinet secretaries signed a letter released on Monday in support of the nuclear deal with Iran. The bipartisan group of signatories includes former Secretary of State Madeleine Albright; former national security advisers Zbigniew Brzezinski and Brent Scowcroft;...